DOGE Weekly Price Action Update

Dogecoin continues to consolidate within its current trading range on the weekly timeframe. The chart pattern suggests we're still very much in the accumulation phase, with buyers and sellers reaching equilibrium around key support levels. This sideways action is typical before major directional moves, as institutions and retail traders alike are positioning for the next leg of the cycle.

The lack of decisive breakouts on higher timeframes indicates patience is warranted. Traders should monitor volume patterns and support holds closely—a break above resistance would signal accumulation completion, while losing key support could extend consolidation further.